---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-25-000076"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:00:48.367028+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT adjusts conversion price on 2031 notes to $1.97 after Series D redemptions

## Summary
- Conversion price lowered from ~$4.56 to ~$1.97 per common share, a 45% discount to $3.58.
- 13 Series D Preferred Stock redemptions processed in April: 38,990 shares redeemed at ~$40.75/share.
- Aggregate redemption price settled with 443,715 common shares; VWAP was ~$3.58.
- Cumulatively, 1,616,833 Series D shares redeemed for 811,800 common shares; 1,936,274 Series D shares outstanding.
- Next redemption deadline: April 25, 2025; next Holder Redemption Date: May 5, 2025.

## SEC filing metadata
- accession: 0001527541-25-000076
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000076/0001527541-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000076/whlr-20250407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-25-000076
- JSON: https://secwatch.observer/filing/0001527541-25-000076.json
- Plain text: https://secwatch.observer/filing/0001527541-25-000076.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.